Personal income increased $149.2 billion (0.6 percent at a monthly rate) in March, according to estimates released today by the U.S. Bureau of Economic Analysis (BEA). Disposable personal income (DPI)-personal income less personal current taxes-increased $142.5 billion (0.6 percent), and personal consumption expenditures (PCE) increased $195.4 billion (0.9 percent). Personal outlays-the sum of PCE, personal interest payments, and personal current transfer payments-increased $198.6 billion in March. Personal saving was $857.3 billion in March, and the personal saving rate-personal saving as a percentage of DPI-was 3.6 percent. Full Text
